PNE Industries (SGX:BDA) PB Ratio: 0.50 (As of Aug. 04, 2026) — 40% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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SGX:BDA PNE Industries Ltd SGX:BDA
42 GF Score
Price S$0.39
GF Value S$0.54
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PNE Industries PB Ratio?

PNE Industries SGX:BDA 42 PB Ratio is 0.50 as of Aug. 04, 2026, which is 40% below its 10-year median of 0.83. GuruFocus rates SGX:BDA with a GF Score™ of 42/100 and a GF Value™ of S$0.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,417 Hardware companies, PNE Industries ranks better than 92.47% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-04), PNE Industries's share price is S$0.39. PNE Industries's Book Value per Share for the quarter that ended in Mar. 2026 was S$0.78. Hence, PNE Industries's PB Ratio of today is 0.50.

Good Sign:

PNE Industries Ltd stock PB Ratio (=0.5) is close to 10-year low of 0.5.

The historical rank and industry rank for PNE Industries's PB Ratio or its related term are showing as below:

SGX:BDA' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.83   Max: 1.23
Current: 0.49

During the past 13 years, PNE Industries's highest PB Ratio was 1.23. The lowest was 0.49. And the median was 0.83.

SGX:BDA's PB Ratio is ranked better than
92.47% of 2417 companies
in the Hardware industry
Industry Median: 2.22 vs SGX:BDA: 0.49

During the past 12 months, PNE Industries's average Book Value Per Share Growth Rate was -2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PNE Industries was 6.30% per year. The lowest was -5.20% per year. And the median was 2.85% per year.

Back to Basics: PB Ratio


PNE Industries  (SGX:BDA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


PNE Industries PB Ratio Related Terms


PNE Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for PNE Industries's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PNE Industries PB Ratio Chart

PNE Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.83 0.70 0.57 0.57

PNE Industries Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.57 0.62 0.57 0.53

SGX:BDA vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, PNE Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PNE Industries PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, PNE Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where PNE Industries's PB Ratio falls into.


SGX:BDA
42GF Score
PNE Industries Ltd SGX:BDA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PNE Industries PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

PNE Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.39/0.784
=0.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.50 mean?
PNE Industries (SGX:BDA) has a PB Ratio of 0.50 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PNE Industries and its competitors. This is 40% below median its historical median of 0.83. Over the past decade, PNE Industries' PB Ratio has ranged from 0.49 to 1.23. According to the industry distribution chart, PNE Industries ranks #182 out of 2417 companies in the Hardware industry, placing it in the top 7.5%.
Is PNE Industries' PB Ratio too high?
PNE Industries' current PB Ratio of 0.50 is 40% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.23. The Hardware industry median PB Ratio is 2.22. PNE Industries' value of 0.50 is 77.5% below this industry median. Based on the distribution chart, PNE Industries ranks #182 out of 2417 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, PNE Industries has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PNE Industries' PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, PNE Industries ranks #182 out of 2417 companies for PB Ratio. This places PNE Industries in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.22. PNE Industries' value of 0.50 is 77.5% below this benchmark. Historically, PNE Industries' own PB Ratio has ranged from 0.49 to 1.23 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 2.22, PNE Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.22, based on 2,417 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PNE Industries's current PB Ratio of 0.50 is 77.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PNE Industries and its competitors. For the Hardware industry, the median PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE Industries's current PB Ratio is 0.50, which is 40% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE Industries stock overvalued right now?
Based on GuruFocus' analysis, PNE Industries (SGX:BDA) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.54, compared to a current price of S$0.39 — trading 27.8% below its estimated fair value. The current PB Ratio is 0.50, which is 40% below median its 10-year median of 0.83 and 77.5% below the Hardware industry median of 2.22. PNE Industries' overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For PNE Industries (SGX:BDA), the current PB Ratio is 0.50 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PNE Industries (SGX:BDA) Overvalued in 2026?

Based on GuruFocus' analysis, PNE Industries stock appears to be undervalued. The current stock price of S$0.39 is trading 27.8% below its estimated GF Value™ of S$0.54. GuruFocus considers PNE Industries to be Modestly Undervalued.

Key valuation signals for SGX:BDA:

  • PB Ratio: 0.50 (40% below median its 10-year median of 0.83)
  • GF Value™: S$0.54 vs. price of S$0.39 (27.8% below fair value)
  • GF Score™: 42/100 with 3 warning signs
  • Industry Position: 77.5% below the Hardware median (#182 of 2417)

No single metric tells the full story. See the SGX:BDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PNE Industries Business Description

Address 996 Bendemeer Road, No. 07-06, Singapore, SGP, 339944
PNE Industries Ltd is an investment holding company and provision of management services. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment operates in the manufacturing and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to Romania, the Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and Other regions.
42GF Score

Get the complete analysis for SGX:BDA

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.39
Price
S$0.54
GF Value